EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

El Paso Tests Market for Two California Gas Lines

LCG, May 14, 2001El Paso Corp. said Friday that two of its pipeline subsidiaries are holding "open seasons" to test the market for possible expansion of natural gas lines from the Southwest into California.

Open seasons are a period of time during which gas shippers are invited to place firm bids for capacity on a proposed pipeline or pipeline expansion.

El Paso's Mojave Pipeline Co. began an open season last Thursday which will run until May 31 for a proposed expansion to a pipeline carrying gas from Topock, Ariz. on the California border near Needles to Antioch in the San Francisco East Bay and on to Sacramento.

El Paso Natural Gas Co. will on May 25 close an open season begun May 1 for a project that would add capacity on a line from Ehrenberg, Ariz., a border town 80 miles south of Topock near Blythe, Calif. to Dagget, Calif. to a point near Barstow.

The announcement came as El Paso Natural Gas Co. and El Paso Merchant Energy, which is a gas marketer belonging to El Paso Corp., were preparing to defend themselves against charges they used market power to drive up the price of natural gas in California, where prices are the highest in the nation.

This morning in Washington, a federal administrative law judge will begin proceedings brought by the California Public utilities Commission, Pacific Gas & Electric Co. and Southern California Edison Co. charging that the El Paso units manipulated the market, adding $3.7 billion to the cost of gas in the state over the past 12 months.

El Paso is not alone in seeking to expand gas deliveries into California, as a host of new electric power plants, some already under construction, is expected to increase demand dramatically. Other firms that have announced plans to build new lines or expand existing facilities include the Transwestern unit of Enron Corp., PG&E's National Energy Group, the Kern River Transmission subsidiary of The Williams Cos., Southern California Gas Co., Calpine Corp., Kinder Morgan and Questar Corp.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service